Refining
EIA: U.S. crude stocks fall on strong refining demand
U.S. crude stocks drew down more than expected on strong refinery runs, while distillate inventories fell thanks to higher truck traffic during the holiday season and cold weather, data from the U.S. Energy Information Administration (EIA) showed on Friday.
bp says Whiting, Indiana (U.S.) refinery operations normal following leak
bp's 435,000-bpd Whiting, Indiana (U.S.) refinery was operating normally following a leak from a pipeline that transports liquid material.
Saipem and AVEVA sign MoU to develop AI solutions for engineering in energy and infrastructure sector
Saipem, a global leader in engineering services for the energy and infrastructure sectors, and AVEVA, a global leader in industrial software, have signed a memorandum of understanding (MoU) to co-develop enhanced solutions based on artificial intelligence (AI) and machine-learning to support the engineering design and construction of energy and infrastructure facilities.
BPCL plans $11-B refinery and petrochemical project in South India
India's Bharat Petroleum Corp. plans to invest $11 B in southern Andhra Pradesh state for a new refinery and petrochemical project to meet rising fuel demand in the world's fastest-growing major economy.
Mexico's new Olmeca refinery operated at 17% of capacity in November
Mexican state energy company Pemex resumed refining operations at is new Olmeca refinery in November, working at nearly 17% of its 340,000-bpd capacity after being fully offline in October.
Relevant Industrial announces acquisition of Loy Instrument Inc.
Relevant Industrial LLC (Relevant), a leading provider of industrial equipment and engineered solutions, has acquired Loy Instrument Inc., a trusted leader in process control and combustion solutions.
Indian state refiners may buy Middle East spot oil to replace Russian shortfall
Indian state refiners are considering tapping the Middle East crude market as spot supply from their top supplier Russia have fallen, in a move that could support prices for high-sulfur oil.
Japan's Taiyo Oil to shut two CDUs at Shikoku refinery for maintenance
Japanese oil refiner Taiyo Oil plans to shut down two crude distillation units (CDUs) at its 138,000-bpd Shikoku refinery in western Japan this week for scheduled maintenance.
Indian Oil to invest $7 B in naphtha cracker project
Indian Oil Corp. (IOC) will invest 610 B rupees ($7 B) to establish a naphtha cracker project in Paradip in the eastern state of Odisha.
Mexico's oil and gas output drops to lowest level all year in November
Mexico's production of liquid hydrocarbon and natural gas in November fell to the lowest levels recorded all year and was well below last year's averages.
- LanzaJet expands partnership with Microsoft to strengthen the company’s global growth 6/13
- Phelan Green Group's $2.6-B eMethanol project remains on schedule 6/13
- Algeria launches $7-B investment plan to expand hydrocarbon processing 6/13
- AFPM/API: President Trump officially overturns California (U.S.) gas car ban 6/12
- Decision on oil refiner Italiana Petroli's sale expected around end-June 6/12
- EIA: U.S. crude stocks fall, gasoline and distillate inventories rise as refining activity increases 6/12
